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help asap Question 59 of 80 Question 59 of 80 View policies Current Attempt in progress A company sells inventor,' to a customer and offers
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Question 59 of 80 Question 59 of 80 View policies Current Attempt in progress A company sells inventor,' to a customer and offers the customer a 2% discount if paid within 10 days Of the invoice date Full payrnent is due within 30 days of the invoice date. The selling company records revenue When the goxis leave its warehouse When revenue under these terms the company O wili assurne that the customer will take the full 30 days to pay the invoice. O will assume that the company will take longer than 30 days in order to take advantage of freecash now. Q will assume that the custcwner will take advantage of the 2% discount and record sales at the time of delivery equal to 98% of the invoice amount. O will iMividuaIIy assess the creditworthiness of each customer to determine how much revenue to recognize. Save Attempts: O ot 1 used
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